Atlas Energy (NYSE: AESI) insider reports tax-withholding of 3,048 shares
Rhea-AI Filing Summary
Atlas Energy Solutions Inc. insider Ginn Kirk Edwards reported a routine tax-related share disposition. On the vesting of restricted stock units, 3,048 shares of Common Stock were withheld to cover tax obligations, at a reference price of $13.60 per share.
After this withholding, Edwards directly holds 560,451 shares of Atlas Energy Solutions common stock. The transaction is classified as a tax-withholding disposition rather than an open-market purchase or sale, reflecting normal equity compensation mechanics.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 3,048 shares
Net Sell
1 txn
Insider
Ginn Kirk Edwards
Role
10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 3,048 | $13.60 | $41K |
Holdings After Transaction:
Common Stock — 560,451 shares (Direct)
Footnotes (1)
- F1. Reflects shares withheld upon vesting of restricted stock units to satisfy tax withholding obligations.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did AESI’s Ginn Kirk Edwards report on this Form 4?
Ginn Kirk Edwards reported a tax-related share disposition, where 3,048 Atlas Energy Solutions common shares were withheld upon restricted stock unit vesting to satisfy tax withholding obligations. This is a routine compensation-related event, not an open-market trade.
Was the AESI Form 4 transaction an open-market sale or purchase?
No, the Form 4 indicates a tax-withholding disposition, not an open-market sale or purchase. Shares were withheld by the company to satisfy tax liabilities arising from restricted stock unit vesting, a common administrative step in equity compensation programs.
How is the Form 4 transaction for AESI coded and what does it mean?
The transaction is coded “F,” described as payment of tax liability by delivering securities. This means shares were withheld to cover taxes due when restricted stock units vested, and it is treated as a disposition for reporting purposes without representing a market sale.